Commercial Real Estate Direct Staff Report Tenants at Manhattan office buildings added 800,000 square feet of sublease space to the market last month, the lowest monthly volume since May 2020, according to CBRE The company also found that 2 million...
The volume of CMBS loans actively managed by special servicers declined by just more than 4 percent last month, to $469 billion from $4885 billion in April, according to Trepp LLC It marked the eighth straight month that special servicing volumes...
Fannie Mae and Freddie Mac have extended their apartment eviction moratoriums through the end of September The moratoriums were slated to expire at the end of this month Owners of apartment properties financed with Fannie and Freddie loans that are...
The industrial property sector benefited greatly during the coronavirus pandemic, as consumers increasingly went online to buy items that then were shipped from nearby warehouses and distribution centers That’s evidenced by the 47 percent...
Commercial Real Estate Direct Staff Report Commercial property prices increased again in April by 09 percent, according to the Real Capital Analytics Commercial Property Price Index The index, which gauges price changes based on repeat property...
Commercial Real Estate Direct Staff Report The national hotel occupancy rate broke the 60 percent barrier – 603 percent – for the week through May 22, marking the first time since the coronavirus pandemic struck in March 2020 that it has...
Commercial Real Estate Direct Staff Report It looks like the performance of CMBS collateral continues to improve The expectation, based on a draft report by Kroll Bond Rating Agency, is that delinquencies to the universe it tracks – roughly 55...
Commercial Real Estate Direct Staff Report The volume of delinquent CMBS loans declined by 1 percent last month, to $353 billion from $3566 billion, marking the 10th straight month in which delinquencies have dropped, according to Trepp LLC That...
Apartment sales volume in New York City declined during the first quarter by 58 percent from a year ago to $620 million, according to Ariel Property Advisors That's the third lowest quarterly volume since the company started tracking such data in...
Occupancy and rental rates for apartment properties in urban markets won't reach their pre-pandemic levels for at least two years, according to Yardi Matrix, as demand is expected to remain soft because of a greater adoption of remote...
